Just a Short Stroll into Dunedin - 18 Unit Motel

Not too many motels in Dunedin are in such a prime position and this is the reason for its strong success.

- Enviable position in George Street surrounded by shops and cafes.
- Walking distance to CBD and close proximity to the university & hospital.
- Very tidy motel and always well presented.
- 26 years of lease to run. Showing good profits and increased growth.
- Externally, extensive renovations took place in 2023, a stunning enhancement.
- 18 units in total, 8 studio's, 8 one-bedroom units and 2 two-bedroom units.

Dunedin motels are deemed to be very good businesses, Dunedin enjoys enviable occupancy levels and has done for some time as the accommodation industry is kept busy with the university, hospital, a very pro-active regional tourism office and a city that can host many large events and conferences.

Owners' residence has three bedrooms upstairs and enjoys two bathrooms. The main lounge, dining and kitchen area encompass an entire floor. Conveniently attached is the reception off the owner's residence but also has its own independent entry to the side of reception.

Dunedin is a city of over 135,000 people with a rich cultural history set in an area of natural beauty and amazing wildlife. some of the best preserved Victorian and Edwardian architecture in the southern hemisphere. Forsyth Barr stadium is within walking distance. Dunedin is on the east coast of New Zealand's South Island and is the second largest city in the South Island.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Dunedin via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

Agency reference #: OS628